đš Bitcoin Set to Gyrate Between $50K and $70K Through 2025! đš
The early August collapse gave us a chance to zoom in on Bitcoin's structures since this yearâs high. Here's what weâre seeing: đ· Expanding triangle formed into July's low, followed by a rally that looks like an x-wave. đ· Action after wave-x suggests we're no longer in a triangle but likely in a Neowave diametric pattern. đ· The violent wave-a into this yearâs low fits contracting triangles, but also flats and diametrics. đĄ The size of wave-d is now too large for a contracting triangle, so Iâve adjusted the structure to suggest a diametric is forming.
What This Means: Bitcoin could gyrate between $50K and $70K for the rest of 2024, possibly into early 2025! đ This period of sideways movement could create prime accumulation opportunities before the next big breakout. Watch for further wave formations to confirm this diametric patternâthis is a crucial time to strategize and capitalize on the moves ahead! đ #Bitcoin #Crypto #BTCAnalysis #WaveTheory $BTC
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
60,753.22
-4.81%
1.1k
0
Replies 1
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto